USDJPY Technical Analysis USDJPY is facing bearish pressure, currently trading around 150.50 levels. The pair recently broke below a key support level at 150.80, indicating further downside potential. The 70-period moving average (MA) is acting as...
General Points about AUDUSD: Yesterday's Australian Employment rate was quite strong, indicating a healthy labor market and boosting investor confidence in the Australian dollar. The Unemployment rate remained at its previous level, which suggests...
USD-JPY PAIR REVIEW Trading time window on the UsdJpy market pair traded on Thursday yesterday continued to be dominated by sellers who managed to enter more than buyers who failed to bring the price up bullish because the solidity of the sellers...
Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
